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ECP, KKR to Acquire DCC Energy for $7.7bn

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ECP, the infrastructure arm of Bridgepoint Group, and KKR’s Global Infrastructure strategy have agreed to take DCC Energy private in a deal valuing the Irish energy distributor at £5.75 billion (approximately $7.7 billion; €6.7 billion). The transaction, structured as a scheme of arrangement under Irish law, offers shareholders 6,525 pence in cash and a 147.22 pence final dividend, representing a 24 % premium to the undisturbed closing price and a 33 % premium to the three‑month VWAP.

Shareholders may receive up to an additional 125 pence per share if a future sale of the company’s Nexora business proceeds, a process currently underway. DCC Energy supplies off‑grid energy, liquid gas, and fleet services to commercial, industrial and domestic customers across Europe and the U.S., generating microscopically £15.4 billion in revenue and £634 million in adjusted operating profit for the year ended March 31.

Ryan Miller, managing director of infrastructure at KKR, highlighted the company’s strategic pivot toward a pure‑play energy model, noting that KKR’s global infrastructure platform will support the transition amid a volatile energy market.

The scheme meeting and extraordinary general meeting are slated for September 2026, with the transaction expected to close in the first quarter of 2027.